The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1887-11-15
ATLANTA, GA, NOVEMBER 10, 1887.
Tho Cotton Movement.

The New York Financial Chronicle in its
weekly review of the cotton market, says
that for the week ending last Friday night,
the total receipts have reached 30l 600
bales against $50, TIA bales last week, 204,-
934 bales the previous week and 27l 100
bales three weeks since, making the total
receipts since the first of September, 1887,
o. aAn, o4s b~lvs, ospinot j, eeo,oie bales for
the same period of 1886; showing an in
crease since September /, 1857, of 45l 1920
bales.
The exports for the week reach total of
1902 ,068 bales, Of which 81 ,240 were to
Great Britain, So 500 to France, and 20, S4S
70 the rest of the continent. The total sales
for forward delivery for the week are 1 1885,
900 bales. For immediate delivery the total
sales foot up this week ,730 bales, includ-
ing 200 for export, SIS for consumption,
for speculation and--in transit. OF the
above 900 bales were to arrive.
The imports into continental ports this
week have been 81, 900 bales There has
been an increase in the cotton in sight to-
night Of 2a3, $50 bales as compared with the
same date of 1886, an increase of 367,S4O
bales as compared with the corresponding
date of 1885, and an increase of 207, 430
bales as compared with 1884.
The above totals show that the old inte-
Fior stocks have increased during the week
bs, 213 bales. and are tonight "a ,050 bales
more than at tie same period last year. The
receipts at the same towns have been 10, 704
bales more than the same week last year,
and since September ! the receipts at all
the towns are 2i7,9i9 bales more than Tor
she same time in 1856.
The total receipts from the plantations
Eince September 1, 1887, are ,663 ,597 bales;
In 1886 We're ,, 1861 1913 bales; in 1855 were
2,io0,0l7 bales. Although the receipts at
the outpors the past week were 301 600
bales, the actual movement from planta-
tions was 34d,o6l bales, the balance going
70 increase the stocks az the interior towns.
Last year the receipts from the plantations
for the same week were 81 ,5G3 bales and
for 1855 they were 25j.34S bales.
The increase in amount in sight, as COM
pared with last year, is 597, 1873 bales the in
crease as compared with 1855 is 5sl $40
bales, and the increase over 1854 is G6f AIS
bales.
Tie Chronicle says tia. the past week has
been one Of much excitement on the New
York cotton exchange. The speculation in
cotton for future delivery at this market
was Of the most animated character, and at
tended 10y sharp advance In prices. The
rumoF regarding reduced crop estimate
from New Orleans, referred 10 in our last
was confirmed on Saturday morning by Us
publication, putting the total yield at no
more than O, 90, 900 bales. Some specula.
tive short interest which had been made.
mainly on Memphis account, under the
more favorable ctap reports forwarded from
that point, was quickly covered and active
buying for the rise took place, carrying price,
mp 80 points from the lowest figures o,
Friday last.
There was some further advance on Mon
day, In response to a sharp advance ia Liv
erpool. The reduced crop estimate was gun
orally discrediied but it had the effect q
least to unsettle confidence for the tim
being in long crop estimates, and the bul
party gained fresh courage when Liverpool
reporteda further and important advance OF
Wednesday, Thursday the market opene,
weak, but ON the reading of the bureau re
port, estimating the crop at q 800, GOO bales
there was the greatest excitement, and
quick advance Of 80 and 60 points, small
part OF which was subsequently lost.
Fnaay the report was viewed with S,
snueh distrnst that although Liverpool re
ported great advance. the New York mar
~ oeol'ned materially, under sales to real